Logistics
DP World Proposes US$1.3 Billion Investment and 30-Year Extension in Callao
DP World, operator of the South Pier at the Port of Callao, is preparing a US$1.3 billion investment to expand its terminal and proposes to extend its concession contract, which currently expires in 2036, for an additional 30 years. General Manager Marco Hernández warned that the current capacity could become constrained by 2028. The proposal includes US$250 million for roadworks and the foreport, US$250 million for infrastructure and equipment, and over US$800 million to build a new berth.
